NTG Clarity Networks (CVE:NCI) Reaches New 1-Year Low – Here’s What Happened

NTG Clarity Networks Inc. (CVE:NCI)’s share price hit a new 52-week low on Thursday . The stock traded as low as C$0.87 and last traded at C$0.88, with a volume of 95803 shares trading hands. The stock had previously closed at C$0.93.

Wall Street Analysts Forecast Growth

Separately, Atrium Research raised shares of NTG Clarity Networks to a “strong-buy” rating in a research note on Thursday, February 19th. One analyst has rated the stock with a Strong Buy rating, According to MarketBeat, NTG Clarity Networks currently has a consensus rating of “Strong Buy”.

NTG Clarity Networks Price Performance

The company has a 50-day moving average of C$1.10 and a 200 day moving average of C$1.40. The company has a debt-to-equity ratio of 20.59, a quick ratio of 0.53 and a current ratio of 3.13. The firm has a market cap of C$41.67 million, a P/E ratio of 6.29 and a beta of 0.35.

NTG Clarity Networks Company Profile

NTG Clarity Networks Inc provides telecommunications engineering, information technology, networking, and related software solutions worldwide. Its products include NTGapps, that designs to simplify the telecom digital transformation by providing digital application template; StageEM, an enterprise solution that covers project portfolio management, demand and capacity, analytic and dashboard, and decision-making using real-time data; Workflow Management solution, which enable organization to design, deploy, execute, monitor, and analyze their business process; Network Inventory Management solution that covers network, service, and resource for organization; and Partner Relationship Management solution, which covers the value chain of partnership and enable vendor to manage their strategic partner.